Thinking of picking the biggest winners in 2014? Think first.
1) What is the chance that you are the top 4% of the luckiest lot? 2) Do you have superior first-hand information compared with others, especially the insiders? 3) Are you also willing to own some potential biggest losers? 4) Do you have superior skill in predicting the future and powerful computer and exceptional chart reading skill compared to the fund managers and institutional investors? 5) does the present environment present you with that opportunity? 6) Do you think you can depend on your luck to do that?
First level thinking: I am going to buy a couple of potential big winners to earn superior return. Borrow money also to leverage and amplify my return to a few hundred percent, or even thousands percent in the year.
Second level thinking: I am going to avoid big losers from my diversified portfolio and with that hopefully I can get above average return from my portfolio.
Making super-abnormal return is the hope of every investor. Unfortunately it would most probably remain as, hope. Hopefully it won't result in, hopeless.
it already showed actually, klci drop from peak to current level, already drop 80 points, 1 point 50 ringgit, short 1 piece 5k capital, 80x50ringgit = RN4000 , already 80% return lo!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
fatty_tang
296 posts
Posted by fatty_tang > 2014-01-22 17:11 | Report Abuse
HLCap?